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now before we tumble off of the fiscal cliff. will john boehner get out of the way and let us avoid another fiscal crisis? hey, good morning, everybody. what do you say? here we go. on a great big monday monday december 3rd, good to see you today. hope you had a good weekend and watched some good football got maybe some holiday shopping christmas shopping. a lot of people around here in the eastern market neighborhood of capitol hill buying their christmas trees. i saw them all day saturday all day sunday loading x-rays trees on top of the cars going home, carrying them home to deck raid the x-rays -- decorate the christmas trees. lots to talk about this morning here around the country, around the globe, around here in washington, d.c. we will bring you up to date on the latest to let you know what's going on, but most importantly, give you a chance to sound off. >> that's what it's all about. you can give us a call at 866-55-press. you can twit -- join us on twitter or tweet us @bpshow and follow us on and you can join the chat room a
is going to give and what his client's not going to give. we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything
that bashar al assad's regime has begun mixing sarin gas. >>> the speaker of the house, john boehner offered up his own plan to avoid the fiscal cliff today. does it add up? >>> and the u.s. ambassador to the united nations, susan rice comes under fire again. this time, it's over rwanda. let's go "outfront. >>> good evening, welcome, everyone. "outfront" tonight breaking news, president obama puts the syrian president on notice. the president is reacting to new evidence that assad's regime has started mixing chemicals to make deadly sarin gas, adding to its massive stockpile of chemical weapons. >> and today i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> assad is on the edge of president obama's so-called red line against syria. the president said this summer that syria's use or movement of chemical weapons could mean u.s. intervention. so outfront tonight,
" -- now there are two. the president and the speaker. direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. >> the rebels gain on assad raising fears he might use chemical weapons. that was enough to frighten the russians into talking with hillary clinton about a political transition. >> the united states stands with the syrian people in insisting that any transition process re -- result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> a tragic turn of events in london. the nurse tha
of the house john boehner offers up his own plan today. and the white house has already offered up their response. >>> a little later, a photo in the trayvon martin case has been released in color. we'll show it to you. a new heir to the british thrown is on its way. it's a baby bonanza. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. let's say you want to get ahead how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even looking. let's get to work. the potential of yel
president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made little mention of cuts to entitlement spending. something the speaker said must be part of any final deal. joining the panel this week, wall street journal columnist and deputy editor dan, and ms. o'grady and washington columnist kim stossel. you are stuck in washington having to talk to all the sources. and you have been working them this week, i know. is the mood as sour as it sounds? >> it is by the end of this week and here's why. republicans came out right after the election and said to the president, you want revenue, here. you want revenue on the wealthy? we will give it to you. let's do this via limbing tax deductions for the wealthy. the president instead of taking that, running it, ceiling a deal, has been out campaigning for tax hikes. and to cap it off, sent treasury secretary tim geithner down to congress this week with this absolutely outrageo
to answer to a lot of conservatives in the caucus, are you, that is more of a john boehner, i'm doing everything i can to prop you up just like the president of the united states, when it was bill clinton, actually had to prop up newt gingrich because he knew dick armey was next. >> and tip o'neill and ronald reagan. the great news about this, if you really think about it, the fact that they're both publicly saying okay, now it's mano a mano, as you would say. if it doesn't work, well, then those are the fall guys. so if you really kind of think about it, they're not going to set themselves up this way, if in some way, shape or form they both don't believe it's going to get done. this way they both look like the hero. they would have been doing a lot more behind the scenes. okay, the two big dogs go in the room together tells me it's going to get done. >> and it tells me also that yesterday "the new york times" story, mark, was deadly accurate when "the times" reported, the top of the paper on a1 that john boehner was more powerful. you never, if you're speaker of the house, say clear
closer, to avoid the massive tax increases and budget cuts? not according to house speaker john boehner. >> right now i would say we're nowhere. period. we're nowhere. >> the only thing standing in the way of that would be a refusal by republicans to accept the rates that are going to have to go up on wealthiest americans. i don't really see them doing that. >> nbc news white house correspondent, mike viquiera joining me now. treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of compromise, you remember john boehner came out the day after the election, the president spoke about compromise as well. they're as far apart as they ever have been and the clock is ticking.
for the last word with lawrence o'donnell. have a great night. >>> we don't know what john boehner said to the president on the phone today, but we do know that boehner is finally admitting defeat on one thing. the rich will have to pay more. >> the next 72 hours are critical. >> will republicans cry uncle? both sides are still locked in a stalemate. >> there's plenty of hot rhetoric to go around. >> both sides are coming out swinging. . >> raising tax rates will hurt the economy. >> i will not play that game. >> president obama standing his ground. >> i will not play that game. >> he's not willing to play that game. >> playing the smackdown. >> i think the president has boxed the republicans in. >> i know we have it to raise revenue. >> is he the only republican? >> i don't care how we do it. >> raising tax rates hurt the economy. >> let's just go over the [ bleep ] cliff. >> if they do not make this deal on tax rates for the top 2%, then they're going away. >> i just hope this doesn't become a game of chicken. >> i will not play that game. >> it goes into february and march. >> public
, in the words of speaker john boehner, we need to find common ground here, and we need to do it quick. >> there ain't going to be any between these two ties, my man. over here, good news, jon meacham will be number one on "the new york times" best-seller list this weekend. >> hear, hear. >> his book, "jefferson." bad news is he's going to get there wearing that tie with bunny rabbits on it. here they are. could we get a text poll? >> can i just tell you, i got this from harold ford. >> that explains a lot. >> so there you go. >> that means it's free at both ends. >> it's a disgrace to michael steele who dresses so well each and every day. >> look, i just show up and play, baby. that's it. >> you're doing a good job with that. >> got the pocket square. steele's going for if. >> congratulations on the book. >> thank you. >> going gangbusters. >> thank you. it's been fun. i've been out talking to folks, and everybody's been really, really nice. >> why are people so thrilled? i'm not saying this to give you crap. >> i can tell. >> why are people so thrilled by thomas jefferson? >> i think
that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings right there. they are both much lower than everyone says we need. all economists say we need a minimum of $4 trillion or greater swing. that means a combining of many things. i think both of them are in the two or not much more than two or lower than two. that only goats you halfway there. i don't know how we got off track of what we really need to fix this. martha: he argues the economy is ready to take off if people would just stop playing the blame game. bill: one of the changes that may be coming is the reduction in the mortgage interest rate duck you can claim. but according to the i.r.s. only a small pe
and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall street journal columnist and dan henninger, and mary an anna-- anastasia o'grady and kim strassel. you've been talking it it sources and is the mood as hour as it sounds. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress with this outrageous proposal as basically a compilation of everything that the president wanted in his budget and beyond what he even campaigned for. as a result i think most republicans wonder how serious he is about doing this. they feel things are going
finding a deal. john boehner is serious about revenue. he'll get a lot of push-back but a lot of republicans will rally about john boehner about limiting deductions to raise somewhere between $700 billion and $800 billion in revenue. and i bet you this-- if you took the president's plan and put it on the floor of the house and senate, he would get very few votes for his plan. >> schieffer: so you're sag you think that both sides-- and this is my fries that both sides would actually be stupid enough to let us go over this fiscal cliff because they can't come to some kind of a compromise? >> i would just say this, that my side knows we lost the election, and we're willing to put revenue on the today that will get some political heat for people like me. that is movement in a positive way. republicans should do revenue. we're willing to do it in a smart way. if you raise tax rates, you get capitol hill four help billion in revenue, and you hurt job creation. if you limit deductions at about $40,000, $50,000 per person, you prevent the middle class and get about $800 billion in rev
. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side of the story. you will hear from bain -- john bainner a few minutes. first my conversation with tim geithner about the lack of progress in steering away from the cliff. >> secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> i spoke with house speaker boehner before you came over here.
's irresponsible. i think we ought to have the president sitting down with john boehner, finding solutions that can, one, pass the house, and, two, be signed by the president, and i believe if you find that solution, it will pass the senate. >> senator john barrasso, thank you for your time. >> thank you. >> next on "andrea mitchell reports" -- as the house heads home, are democrats in congress being left out of the budget talks? >>> but first, fresh off his gangnam style premiere, alan simpson has a message for all of you kids out there. >> the young people aren't organized. the senior citizens are so well-organized they've got the aarp, committee for the preservation of the gray panthers, the silver head legislators, pink panthers. they are organized and they don't give a whip. this younger generation better learn to take part or get taken apart. with srk cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right
this country stronger. >> right. again, you know where this is going. john boehner, again, speaker, said we're at a stalemate. is that how you would describe where things are? >> i think we're far apart still, but i think we're moving closer together. again, remember -- >> where are you closer? >> the republicans have said for the first time in decades, if i'm not mistaken, the leaders of the republican party, that they are prepared to raise taxes as part of a deal that helps reduce our long term deficit. what they haven't said is how far they're willing to go on rates and revenues, and that's what we need to see from them. >> they said no increased rates. >> but that's -- but they know this. there's not going to be an agreement without rates going up. there's not -- >> you'll go off the fiscal cliff if the republicans say, sorry, no way are we going to raise rates for the -- on the wealthy. you guys are willing to go off -- >> if republicans are not willing to let rates go back up and we think they should go back to the clinton levels, the time when the american economy was doing exception
speaker of the house john boehner said, let's not kid ourselves there's a stalemate. >> i think we're going to get there. i mean, just inevitably a little bit of political theater. sometimes that's a sign of progress. i think we're making some progress, but we're still some distance apart. what's at stake here is very important. we're trying not just to prevent a tax increase on 98% of americans, we're trying to go beyond that's going to be good for the long term american economy. >> but you said you're getting closer, they're saying you're getting much farther apart. they say that this is not a serious proposal. >> we have a very good plan. we have a very good mix of tax reforms that raise a modest amount of revenues on the wealthy 2% of americans. combined with very comprehensive, very detailed savings that get us back to the point where the debt is stable and favorable. if we can do that carefully, we can invest in things to make america stronger. we can rebuild infrastructure. we think those are good investments in america and we think we can afford them. >> let's look at an ou
next you'll hear from speaker of the house, john boehner, who describes his reaction when geithner presented the white house plan and he lays out what it will take to get a deal. it's a fox news sunday exclusive. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospec
the weekend house speaker john boehner said these negotiations are nowhere. jay carney disagrees with that assessment. now phone calls at this point between president obama and congressional leaders, but the white house says the talks will be ongoing over the next several days, tamron. >> thank you. the president's q and a on twitter comes days after republicans flat-out rejected his opening bid in negotiations. house speaker john boehner appeared on one sunday morning talk show to see the president's proposal was not in his opinion a proposal at all. >> i was flabbergasted and said, you can't be serious. i just have never seen anything like it. we have seven weeks between election day and the end of the year, and three of those weeks have been wasted with this nonsense. >> okay. >> treasury secretary tim geithner appeared on five separate sunday morning talk shows. he says it's the gop who have been short on specifics. >> we said how and how much and who should pay. they haven't proposed what they think. >> joining me now is california congressman karen bass. thank you for your
, and what i do see? john boehner sitting by himself. all alone. not a single member of his party wanted to share his company. he didn't even have any milk to drink because, well, tell them why, john. >> they had taken my milk and thrown it in the garbage. >> these are supposed to be his friends. his colleagues. but even at the hint that the taxes might be raised on his leadership watch, they turn on him. tell them what you found in your office desk. >> oh, i don't -- >> no, no. go ahead. hey, tell them what your so-called friends put in your office desk. >> it was a rubber snake. >> a rubber snake. and did it scare you? >> it did. >> i was so heartbroken to hear this, i said, look. how about this, john, if you agree to a 1% raise on the
but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the year. he thinks the white house has already wasted weeks because he does not think the proposal to avoid a fiscal cliff is serious one. negotiations here are nowhere. another republican, senator lindsey graham thinks he thinks things are heading down hill. >> i think we are going over the cliff. it's clear to me they made a political calculation. the offer doesn't deal with the entitlement reform to save the medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators to destroy the economy. no spending controls. >> reporter: treasuresy secretary tim geithner advocated for clinton era tax rates and wants top earns to pay 39.6%. he said when that was the rate in the '90s there was was good economic growth and strong private investment. said republicans would rather raise revenue closing the loophole and limiting deduction need the time to realize that might not bring in enough
john boehner rejected it. he was flabbergasted by some of the proposals. we're at a standstill right now. until the white house comes back and puts out another plan, they probably don't want to do that or republicans come back with a response and more details about what kind of savings they would like to have a in a future proposal. i think congressional republicans are waiting to see if they can come back to the table with a plan they liked a little more. perhaps one with more details on what kind of cuts would come to these entitlement programs. >> i'm curious about this. this is a man who has never run for office. why does the gop let mim speak for them? >> you know, you're starting to see his coalition crack. you have seen senators come out. senator corker who was on "meet the press" today. he has come out and said i'm not going to abide by the norquist pledge. you're seeing it start to crack. sure, he still has a lot of weight over the republican party, but you're seeing that is beginning to change. it looks like taxes are going to go up. republicans know this. if they do get a
tantaros, watch out. you're being snookered. >> and pushing republicans towards tax increases and john boehner said we're up for revenue-- >> as several have pointed out the democrats won the election and that means that there are consequences and financial consequences that flow from that, and if the president wants 1 trillion 600 billion dollars worth of new revenue which the wall street journal was one of those to point out in the editorial he's entitled to get it at least what the democrats think and therefore, the republicans are on the defense. >> worth pointing out though that the republicans still won those, the majority in the house so they won an election, too, and the president, what strikes me as odd, the president campaigned on the tax increase proposal for the highest, you know, the highest couple of percentage of american taxpayers, that would raise, as i understand it, about 850 billion dollars, but he comes out with this proposal that's twice that so he's doubled down on the tax increase that he has. >> he has the upper hand which i actually think he does have the uppe
tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discussion that look that's just happening in public. behind closed doors maybe they are gaining some ground, i have spoken to some top white house officials tonight some top republicans on the hill they say in private they are not making progress either, shep. >> shepard: republicans say they have offered some compromises. >> they have in the sense that speaker boehner with his policy late yesterday put $100 billion in new tax revenue on the table. that was a concession by him but not far enough as you noted for the white house because the white house wants him to not just raise tax revenue by limiting intuctions and loopholes and the like. they want to see tax rates go up but republic lea
rates are going to have to go up. >> house speaker john boehner appears to be struggling now that the president and democrats are negotiating for a position of power. talking points memo points out republicans are used to getting 70% to 75% of what they ask for in these types of negotiations but now speaker boehner is going on and on about how he's shocked and amazed at president's plan and is refusing to offer a counter plan on the republican side. you want to talk about this or anything else, join us online at we'll see you with more after the break. kind of guys who do like reverse mortgage commercials? those types are coming on to me all of the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers, thinking. >> okay, so there is wiggle-room in the ten commandments, is what you're telling me. >> she's joy behar. >> and the best part is that current will let me say anything. >> what the hell were they thinking? >> only on current tv. brought to you by geico. 15 minutes could s
in additional spending, what part of this plan is a balanced or bipartisan approach? >> i bet john boehner things the grand bargain was good deal last year. the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you going to get the rest of it? it will have to come from entitlement reform and meaning spending cuts. >> it's comin
with the president, house speaker john boehner says the white house is stone walling. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house is has wasted another week. >> reporter: this morning in his weekly address, president obama is holding a hard line on raising rates for the wealthy. >> and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> reporter: but how much higher could be the key. the top tax rate is set to rise from 35% to 39.6% on january 1st. when asked if a middle ground could be found, both boehner and biden showed some wiggle room. >> the top brackets have to go up. it's not a negotiable issue. theoretically we can negotiate how far up. >> reporter: at another local restaurant, the owner has seen enough of washington gridlock. >> i wish those lawmakers would get their [ bleep ] together and get it done and try to help everybody. it would be good if they could do it before the holidays are over
republican front man house speaker john boehner is sending the white house a message that the president's no more mr. nice guy approach is the wrong approach. >> i think they won the election, must have foregotten republicans continue told the majority in house to. but, the president's idea of a negotiation is roll over and do what i ask. we need to find common ground and we need to find it quickly. >> top republicans used words like stalemate and nowhere to go describe the current state of play. others within their party are taking it one step further telling americans they should be prepared for the punch. >> i thank the president and tim geithner for re-energizing the republican caucus. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. >> with both sides looking like they are dig in but cementing in and the calendar page ticking down what does it take to play let's make a deal. >> let's see how big yours is versus mine in the earnings of their plans. >> everybody should just go to sleep, wake up on december 14th when there's about a wee
that has a pen that can sign that, and it's something that john boehner has to take to the floor of the house and get past the floor of the house. the house is under republican control, so the president ought to be working with john boehner to find a solution that the house can pass and the president will sign if the president really was interested in signing it. the ridiculous offer by tim geithner really showed how completely unwilling this president is to look for a solution. >> well, i think no member of the house or the senate or the president should go on vacation before you've handled this. >> i think he has a vacation already planned. >> i know he does, but you know what? you guys have had a year and a half of knowing this problem exists, that everyone took off all the fall. the president and everybody ran for office who was up for office took off the entire fall. we paid all your salaries, and you didn't work, and now you've got this deadline of january 1, and you all think -- not sorry you, but you think you can take these expensive vacations or not expensive or take va
live in the obama era. not the john boehner era. >> the other thing, john, is the potential political blood that could be spilled. if the president gets tax hikes, which he can do, a couple of different ways. he could muscle this through by the end of the year. then all of a sudden you face another debt ceiling debate, where the republicans can use that to try to extract concessions. and then we get into another standoff again after the first of the year. >> that's why there's a split in the white house when it comes to the debt ceiling. one camp says the debt ceiling has to be part of the deal now because we can't risk it being part of it, shaking confidence. then we'll have the question of credit rating agencies, how they'll respond. and then another camp says, no, let's make it part of the negotiations. let's wait until next year. and we'll get the pressure from the business community is going to be threatening. and so they're not sure which way this is going to shake out. and that's why the president actually hasn't issued the veto threat when it comes to debt ceiling as being par
. house speaker john boehner led the holiday ceremony and an eagle scout from colorado helped him flip the lights. a beautiful site at the capital. that is your 5@5:00. >>> democrats and republicans are in firm agreement on one thing. they are nowhere near a deal to avoid the so-called fiscal cliff. peter doocy is life in washington with more. >> republicans have had their proposal to avoid the fiscal cliff complete with 800 billion of new revenue over a decade on the table for more than a day now. it has yet to be publicly embraced by the slightest bit by any prominent democrats. because of that gop lawmakers are saying that means the white house wants to go over the fiscal cliff to make it a point. >> howard dean said it patti murray who ran the senator ideal committee. i think the presidency is a political victory for his party as they go over the cliff. i know republicans are concerned there is going to be a secondary session. >> the white house proposal raises taxes 1.6 trillion over a decade. republicans close loopholes and get rid of deductions. they say the mast won't work. >>>
. >>> coming up at the top of the hour on "morning joe," the term is herding cats. john boehner now facing backlash from his own party over the fiscal cliff proposal that he made with some saying it doesn't go far enough to fix the deficit. we'll break down what this means for negotiations ahead with our morning joe panel. but up next -- you never know who you'll see on a new york city subway. and for one kindly old lady, she literally did not know who she was seeing and sitting next to. we'll play her full conversation with jay-z when "way too early" comes right back. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it
, it seems like both sides are moving further apart from the deal. here is house speaker john boehner and treasury secretary timothy geithner. >> we are flabbergasted. we have seven weeks between election day in the end of the year. three of those weeks have been wasted. >> we are not going to extend an extension of the tax rates. we think they need to go back to those levels. if you don't do that, you have to ask yourself, whose taxes are we going to raise? were we going to find the money bring a balanced plan in place? jenna: senator lindsey graham, a republican known for reaching across the aisle, not looking at this with a great deal of optimism. >> i think we're going over the fiscal cliff. it's pretty clear that they have made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hittin
geithner, but john boehner in an exclusive interview at the top of the hour, these are the two point men. boehner representing house republicans and any bill is going to have to get through them and geithner representing the president. you're exactly right. when geithner presented his plan to mcconnell, mcconnell says he burst out laughing and boehner you'll hear at the top of the hour, one of the words he uses is flabbergasted. what they were shocked at not that the president was going to call for more tax increases, he campaigned on that, but he came in with such a small set of spending cuts, about 600 billion dollars total in entitlement cuts and spending cuts and also had a demand that congress would give up any say from now on forever in raising the debt limit, which of course has always been a tool of congress, both democrats and republicans have used to oppose the president's policies or to demand if you're going to raise the debt limit increase spending cuts as well. boehner said there's absolutely a nonstarter. they're in a stalemate and nowhere and i guess the question is, with
cliff house speaker john boehner requested time on fox news to publicly declare the president's opening bid a nonstarter. >> i was flabbergasted. we're nowhere. >> treasury secretary tim geithner did the full ginsberg with taped appearances on all five shows. nothing will happen until budget tax rates and the ball is now in their court. >> the only thing that stands in the way of a deal right now is if a group of republican members decide there have been a block because they can't afford the wealthiest 2% of americans. >> how much is theater and how much are the two sides locked into positions that remain far apart? the president's plan called for higher tax rates on the wealthiest americans to the tune of $1.6 trillion over ten years along with the combination of new spending and some spending cuts. mitch mcconnell said he, quote, burst into laughter. still, the white house is making it clear until the republicans counteroffer. >> we didn't say how or how much or who should pay. >> there are a lot of items on the table. the president knows what they are. the question is, what are they
through the senate. the question is, i feel almost sorry for john boehner. there is incredible pressure on him from a base of his party that is unreasonable about this, and he's got to decide, is his speakership more important, or is the country more important? and in some ways, he has got to deal with this base of the republican party who grover norquist represents, and, you know, everybody's elevated grover -- i met him for the first time this morning. nice to meet him. but who is he? why is he this guy that has captured so much attention in this? let's talk about our country and -- >> but, senator, let's also talk about spending. again, you talk about 1993. president clinton cutting upwards of $250 billion from defense. name some specific programs that ought to be cut that would cause pain in terms of the role of our government that democrats are prepared to support. >> well, i think you can see more cuts frankly and a lot of us voted for more cuts in the farm program. $23 billion in savings in the farm bill that's languishing in the house right now. $23 billion a year in deficit sav
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